Mark Casper - 15 Jan 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP & Chief Legal Officer
Signature
Mark Casper by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2024
Net transactions value
-$176,088
Form type
4
Filing time
17 Jan 2024, 18:22:03 UTC
Previous filing
11 Jan 2024
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1,202 +6.9% $0.000000 18,670 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $43,743 -666 -3.6% $65.68 18,004 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,519 +8.4% $0.000000 19,523 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $53,464 -814 -4.2% $65.68 18,709 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +209 +1.1% $0.000000 18,918 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $6,896 -105 -0.56% $65.68 18,813 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,208 +12% $0.000000 21,021 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $71,985 -1,096 -5.2% $65.68 19,925 15 Jan 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Restricted Stock Units Options Exercise $0 -1,202 -17% $0.000000 6,010 15 Jan 2024 Common Stock 1,202 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,519 -12% $0.000000 10,633 15 Jan 2024 Common Stock 1,519 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -209 -12% $0.000000 1,463 15 Jan 2024 Common Stock 209 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,208 -10% $0.000000 19,872 15 Jan 2024 Common Stock 2,208 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F4 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025 and 10/15/2025.
F5 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.